Units:

WIP Inventory, Beginning (60% complete)

Started
Completed
WIP Inventory, Ending (75% complete)

Costs: Direct Materials

WIP Inventory 16,230
Current Period Costs 101,745
 12,000
90,000
79,200
15,000

Coversion Total
3,459 19,689
19,041 120,786
Hanks Company
COST OF PRODUCTION REPORT EUP

Production Data Materials Conversion

WIP Inventory, Beginning 12,000

Units Started 90,000
Units to Account For 102,000

WIP Inventory, Beginning 12,000 12,000 12,000

Started and Completed 67,200 67,200 67,200
Completed 79,200
WIP Inventory, Ending 15,000 15,000 11,250
Normal Spoilage (Continuous) 4,500
Abnormal Spoilage 3,300 3,300 3,300
Units Accounted For 102,000 97,500 93,750

Cost Data Materials Conversion

WIP, Beginning 19,689 16,230 3,459
Current Period Cost 120,786 101,745 19,041
Total Cost to Account for 140,475 117,975 22,500
Divide by EUP 97,500 93,750
Cost per EUP 1.45 1.21 0.24